
Cheap Apartments for Rent in Eddy County, NM from $500 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Eddy County.


Roselawn Manor
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

812 Badger St

911.5 Bullock Ct
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

River Oaks Apartments
Eddy County, NM Local Guide

How much does it cost to rent an apartment in Eddy County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eddy County Studio Apartments | $1,500 | $1,500 | $1,500 |
| Eddy County 1 Bedroom Apartments | $1,176 | $812 | $1,455 |
| Eddy County 2 Bedroom Apartments | $1,489 | $967 | $1,835 |
| Eddy County 3 Bedroom Apartments | $1,660 | $1,112 | $2,055 |
| Eddy County 4 Bedroom Apartments | $1,506 | $1,506 | $1,506 |
Browse Apartments in Eddy County
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Cheapest Available Eddy County Apartments for Rent
 The cheapest available apartment rental in Eddy County, NM is a 1 Bed unit found at EMLI Artesia: Income Qualify Today priced from $987. Yucca Flats Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Eddy County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $987 |
| Yucca Flats Apartments | One Bedroom | 1BR,1BA | $999 |
| Eagle Creek | One Bedroom | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Eddy County, NM
As of April 21, 2026 the best value apartment in the Eddy County area is the $1.68 price per square foot Rose Model at Avalon at Carlsbad in the starting from $1,675. The second greatest value Eddy County apartment is the Two Bedroom Model at Tia Maria starting at $1,250 with a $1.39 price per square foot . Here is today’s list of the best values for Eddy County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Avalon at Carlsbad | Rose | 2BR,2BA | $1.68 |
| Tia Maria | Two Bedroom | 2BR,1BA | $1.39 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Village at Carlsbad | B1 | 2BR,1BA | $2.15 |
| Riverwood | A1 | 1BR,1BA | $1.58 |
| 611 S Roselawn Ave, Unit B | 611 S Roselawn Ave | Studio ,1BA | $2.00 |
| Vista del Sol | One Bedroom | 1BR,1BA | $1.60 |
| Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
| Eagle Creek | One Bedroom | 1BR,1BA | $1.54 |
| Vista Del Rio-FREE Utilities | One Bedroom | 1BR,1BA | $1.94 |
Frequently Asked Questions about Cheap Eddy County Apartments
What is the price of a cheap apartment in Eddy County?
The cheapest apartment in Eddy County is EMLI Artesia: Income Qualify Today which is listed at $987, while the average apartment in Eddy County costs $1,785.
What types of apartments are the cheapest in Eddy County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Eddy County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.